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TABLE 1-1
The manager of the customer service division of a major consumer electronics company is interested in determining whether the customers who have purchased a DVD player made by the company over the past 12 months are satisfied with their products.
-Referring to Table 1-1, the possible responses to the question "How much time do you use the DVD player every week on the average?" result in
Online Offers
Proposals made over the internet by one party to enter into a contract or agreement with another.
Valid Contract
A valid contract is one that meets all the essential legal requirements, including offer, acceptance, consideration, and the intention to create legal relations, making it enforceable in court.
Basic Requirements
The essential criteria or conditions that must be met for a task, project, or job.
Mistake
An incorrect belief or understanding about something, which can affect contracts or other legal agreements when material to the transaction.
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